EconSouth (Fourth Quarter 2005)

Southeastern Economic Indicators

Alabama Florida Georgia Louisiana Mississippi Tennessee 6th
District
U.S.
Total Payroll Employment (thousands)a 2005Q3 1,935.2 7,792.2 3,930.8 1,853.8 1,119.1 2,723.9 19,355.0 133,969.3
% change from 2005Q2 0.2 1.0 0.5 –4.1 –1.6 0.0 0.0 0.4
% change from 2004Q3 1.4 3.5 0.9 –3.4 –0.4 0.9 1.5 1.7
Manufacturing Payroll Employment (thousands)b 2005Q3 296.5 392.2 442.9 146.5 176.8 411.2 1,866.2 14,310.3
% change from 2005Q2 –0.2 0.2 0.6 –3.1 –1.8 –0.3 –0.3 0.0
% change from 2004Q3 1.4 1.1 –0.6 –3.5 –1.3 –0.3 –0.2 –0.7
Civilian Unemployment Ratea 2005Q3 4.0 3.7 5.3 7.6 7.9 5.3 4.9 5.0
Rate as of 2005Q2 4.4 4.1 5.1 5.3 7.0 6.0 4.9 5.1
Rate as of 2004Q3 5.6 4.7 4.7 5.6 6.5 5.3 5.1 5.4
Existing Single-Family Home Sales (thousands of units)c, d 2005Q3 125.1 556.8 251.7 83.6 54.0 175.5 1,246.7 7,237.0
% change from 2005Q2 –0.4 –4.0 3.6 –0.9 –15.8 4.6 –1.4 0.2
% change from 2004Q3 12.0 9.0 14.4 4.6 –7.2 10.4 9.4 6.5
Single-Family Building Permits YTD (units)b 2005Q3 18,435 162,845 69,133 15,490 8,562 30,566 305,031 1,304,255
% change from 2004Q3 7.2 14.5 3.0 –4.1 –2.2 4.2 8.6 3.9
Personal Income
($ billions)c
2005Q2 132.3 584.6 280.1 130.1 74.8 184.8 1,387.6 10,226.0
% change from 2005Q1 1.4 1.7 1.5 1.6 1.7 1.4 1.6 1.5
% change from 2004Q2 6.3 7.8 6.8 6.8 6.3 6.1 7.0 6.5
Atlanta Birmingham Jacksonville Miami Nashville New
Orleans
Orlando Tampa
Total Payroll Employment (thousands)b, e 2005Q3 2,290.3 512.2 597.2 2,342.3 726.1 543.7 1,014.6 1,301.6
% change from 2004Q3 0.7 0.3 2.6 3.1 1.5 –11.1 4.5 2.6
Civilian Unemployment Rateb,e 2005Q3 5.4 3.8 3.9 4.2 4.1 9.3 3.5 3.8
Rate as of 2004Q3 4.8 5.1 4.9 5.3 4.2 4.6 4.6 4.6
Office Vacancy Rateb 2005Q3 21.3 15.4 13.0 9.1 12.1 13.3
Rate as of 2004Q3 23.2 17.2 14.6 13.0 13.9 16.7
Median Existing Home Sale Price (thousands of $U.S.)b 2005Q3 171.2 158.4 187.0 386.6 164.3 162.1 261.3 213.5
Median price
as of
2004Q3 159.7 147.8 157.6 299.9 149.0 143.5 180.5 167.0

a Seasonally adjusted
b Not seasonally adjusted
c Seasonally adjusted annual rate
d Data include recent rebenchmarking and other data revisions.
e The Bureau of Labor Statistics has redefined some MSAs, adding more counties. Payroll and household statistics for some areas may be larger than previously reported.

SOURCES: Payroll employment and civilian unemployment rate: U.S. Department of Labor, Bureau of Labor Statistics. Existing home sales and median existing home sale price: National Association of Realtors. Single-family building permits: U.S. Bureau of the Census, Construction Statistics Division. Personal income: Bureau of Economic Analysis. Quarterly estimates of all construction data reflect annual benchmark revisions. Office vacancy rate: CB Richard Ellis. Most data were obtained from Haver Analytics.

For more extensive information on the data series shown here, see www.frbatlanta.org/publica/econ_south/2005/q4/dist_data.cfm.

Total Payroll Employment Manufacturing Payroll Employment
Civilian Unemployment Rate Single-Family Building Permits YTD
Existing Home Sales Personal Income

Return to Index